Can Reddit Day Traders Crash JP Morgan Short Squeezing Silver?
The Atlantis Report:
Can Reddit Day Traders Crash JP Morgan Short Squeezing Silver ?!
Jan 29, 2021
A decentralized Reddit forum called WallStreetBets is causing chaos on Wall Street. The WallStreetBets a longstanding subreddit channel where over 4 million users discuss highly speculative trading ideas and strategies, briefly went private on Wednesday in response to millions of new users pouring in.
The Reddit subgroup is operating now by invitation only. WallStreetBets crushes hedge funds and crashes trading apps by creating major short squeezes.
A short squeeze happens when a price increase for an asset prompts a rush in buying activity by those who previously bet that prices would fall.
A short squeeze might sound complicated, but it’s actually a relatively straightforward process. When institutional investors short-sell a stock, what they actually do is borrow a number of shares they believe will drop in value, sell them at the highest price possible and try to buy them back later at a lower price.
If they’re successful, they hand the initial borrowed amount back and pocket the difference. If the market turns against them however, and the price of the shares increase, they are forced to buy the shares back at a loss.
If the price rises dramatically within a short space of time, it can cause devastating losses for the short-seller.
Major hedge funds have already lost around 7 billion dollars to WallStreetBets day traders short squeezes. WallStreetBets traders are not stopping here; they are now turning to silver for their next short-squeeze target after being restricted from hot stocks like GameStop and AMC.
Silver has become a new target for Reddit day traders after multiple posts on the infamous WallStreetBets subreddit .
For the full transcript go to https://financearmageddon.blogspot.com
TNT:
Tishwash: Iran calls for the use of national currencies in economic exchanges with Iraq
Iranian First Vice President Muhammad Mokhber received, on Monday, Iraqi Trade Minister Atheer Daoud Salman al-Ghurairi.
According to Iranian agencies, during the meeting, an informant said that the achievements and successes of the Iraqi government and people have always been of special importance to the Islamic Republic of Iran, expressing his hope that we will witness, day after day, the achievement of more successes and prosperity for the peoples of the two countries.
Mukhbar considered that facilitating cooperation between the private sector in the two countries is the basis for developing economic relations between Iran and Iraq, and added: The Iranian private sector has a great motivation to work in Iraq, due to the friendly relations between the two countries and the presence of the holy shrines.
He called for the Joint Cooperation Committee to identify obstacles to the development of trade relations between the two countries, and to take the necessary steps to resolve them.
Iraqi Dinar Video Update Late Sunday Evening 5-5-24
Iraqi Dinar Massive Huge Reinstement - 3:13
JP Morgan Chase Bank Big Announced IQD RV – 3:31
Iraqi Dinar Big Exchange Rate – 4:11
Something Big Happening - 4:01
TNT:
Tishwash: Signing a memorandum of understanding between the Trade Bank of Iraq and the Japanese International Development Agency
Today, Monday, the Ministry of Planning announced the signing of a memorandum of understanding between the Trade Bank of Iraq and the Japanese International Development Agency.
The ministry said in a statement received by the Iraqi News Agency (INA): “On behalf of the Prime Minister, Muhammad Shia al-Sudani, the Minister of Planning, Muhammad Ali Tamim, today sponsored the signing ceremony of a memorandum of understanding between the Iraqi Trade Bank and the Japanese Development Agency (JICA).”
The statement added, "The signing ceremony was attended by the Prime Minister's Advisor, Muhammad al-Daraji, the President of the Trade Bank of Iraq, and a number of officials in the Ministries of Foreign Affairs and Finance, while on the Japanese side it was attended by representatives of the Japanese Embassy in Iraq and the JICA Agency." link
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Morning and welcome to a new week of infinite possibilities!!
Member: Praying maybe this would be our golden week
Member: What is your gut saying Mark?
MZ: I think we will see a lot of macroeconomic factors come into play this week that will push us forward.
Member: Are you still of the mindset that this has begun? Do you know people in different tiers that have received spendable money?
MZ: absolutely to both of those questions. I know people who actually now have dollars.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Mon. 6 May 2024 Compiled Mon. 6 May 2024 12:01 am EST by Judy Byington
Global Currency Reset: (RUMORS)
Sun. 5 May Wolverine: “I heard from my sources that it has started, so we are looking at Monday, Monday, Monday (6 May 2024).”
Late Sat. 4 May Ginger’s Liberty Lounge on Telegram: “As of Saturday night, May 4th, there is finally some excitement brewing in Reno. Nothing definite! But RENO IS ON ALERT. I repeat, you can count on this as FACT: Reno is now finally ON ALERT. How fast this goes, remains to be seen – but I found it extremely encouraging. Things are definitely perking up.”
KTFA
Late Sunday Night Conference Call
FRANK26…..5-5-24……FLOAT…….WHO CARES?
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Currency Insider Iraqi Dinar – Dong Sunday Evening 5-5-24
Vietnam Dong rate update massive increase against USD – 1:28
Iraqi Dinar new exchange rates $1.53 Or Above – 2:30
Iraqi Dinar Immediately Investors Alert – 2:44
Iraq Economic News and Points to Ponder Sunday Evening 5-5-24
Revealing The Latest Developments In Changing The Exchange Rate And The Barrel Of Oil In The 2024 Budget
Economy| 02/05/2024 Mawazine News - Baghdad, Deputy Chairman of the Parliamentary Planning Committee, Muhammad Karim, confirmed today, Thursday, that the current year’s budget will proceed after completing the changes in its schedules for allocations for governorate and ministries projects only. Karim told Mawazine News,
“The exchange rate of the dollar, the barrel of oil, and the quantity exported will remain the same according to what was proven in last year’s budget.”
He pointed out that "the tripartite budget approved by the Sudanese government and approved by the House of Representatives allowed the government to make changes and amendments imposed by the impact after the parliament's vote."
He pointed out that "the changes to the schedules will include projects of ministries and governorates in accordance with the requirements of the government program." https://www.mawazin.net/Details.aspx?jimare=247191
Iraqi Dinar Today Video Updates Sunday Evening 5-5-24
The REER $4.25 WOW Its, Massive News Update – 3:12
Great News Finally Wells Fargo Set IQD New Exchange Rate – 4:49
Wow Iraqi dinar Revaluation finally Done From Citi Bank Announcement – 3:20
WOW International Announcement By CBI 1 IQD Equals $6.15 – 3:50
Iraqi News Highlights and Points to Ponder Monday Afternoon 5-6-24
Savings And Financial Inclusion
Economical 05/06/2024 There is a close relationship between saving and financial inclusion, as economies with good levels of saving are usually more comprehensive, stable, and consistent in financial trades and exchanges, growth rates, and the ability to withstand shocks.
It seems that this relationship was an impetus for adopting the slogan “Towards encouraging saving to enhance... Financial Inclusion” on the occasion of the Arab Financial Inclusion Day, which falls on April 27th every year.
Financial inclusion means providing financial services to all societal groups and encouraging them to open bank accounts, by opening more bank branches in places far from city centers, and introducing more payment systems and technologies that contribute to reducing episodes of slackness in performance and restoring confidence between the public and the banking sector.
This establishes the withdrawal of the cash mass stored in homes and other places of hoarding, and thus recycling it in credit operations and economic projects in order to support the business environment and address the problem of unemployment in the labor market and thus achieve sustainable development.